Financial markets
The San Francisco-based electric bike-sharing company Lime is preparing for a stock market float, targeting a valuation of over $500 million. Founded in 2017, Lime operates e-bikes and scooters in 280 cities and has retained bankers from Goldman Sachs and JP Morgan to prepare an initial public offering next year.
Financial markets
Malta's financial regulator, the Malta Financial Services Authority (MFSA), has put forward a proposal to revamp the rules governing initial public offerings (IPOs) in the island nation. The proposed changes aim to make the capital markets more accessible to high-growth companies, particularly small and medium-sized enterprises (SMEs), by
Financial markets
Al Mal Capital REIT, the first Real Estate Investment Trust listed on the Dubai Financial Market (DFM), has announced plans for a follow-on public offering (FPO) and a 3.75% interim dividend for the first half of 2025. The FPO aims to issue up to 220 million new units at
Financial markets
Al Mal Capital REIT, the first REIT listed on the Dubai Financial Market, is inviting investors to subscribe to new units in its closed-ended Real Estate Investment Trust (REIT) through a follow-on public offering (FPO). The FPO aims to expand the REIT's portfolio of income-generating real estate assets
Financial markets
BancTrust & Co. Investment Bank has entered a strategic partnership with Ak Investment, a Turkiye-based capital markets institution, to strengthen its coverage of the Eurasia region. This partnership combines Ak Investment's expertise in Eurasia with BancTrust's global distribution and research platform, providing institutional clients with local
Financial markets
Ajman Bank PJSC shares, trading under the ticker AJMANBANK, demonstrated a moderate price increase on the Dubai Financial Market, reflecting active investor interest and engagement. The shares opened at 1.43 AED, reaching a high of 1.45 AED and a low of 1.42 AED throughout the trading session.
Financial markets
On June 24, 2025, the Chimera S and P UAE UCITS ETF, a Dubai Financial Market-listed fund, experienced no change in its stock price due to limited trading activity. The ETF, which tracks the UAE's equity market performance, opened and closed at 6.15, with a high and
Financial markets
BlackRock Asset Management Canada Limited, a subsidiary of BlackRock, Inc., announced the final June 2025 cash distributions for iShares Premium Money Market ETF. The distributions will be made to unitholders of record on June 25, 2025, with payment occurring on June 30, 2025. The per-unit distribution amount for the iShares
Financial markets
S&P Global is addressing the rapid growth of private credit markets by introducing LoanX IDs (LXIDs), designed to enhance interoperability and operational efficiency. With over 70,000 existing LXIDs for broadly syndicated loans and credit instruments, this standardized identification system fills a critical need for the industry. LXIDs
Financial markets
The Central Bank of Brazil has announced it will conduct a foreign exchange intervention on Wednesday, offering up to $1 billion in the spot market alongside 20,000 reverse FX swap contracts. This dual operation, known as a "casadão," is a move long anticipated by market participants. The
Financial markets
UDR, Inc. has named Dave Bragg as its new Chief Financial Officer, effective July 24, 2025. Bragg succeeds Joe Fisher, who was appointed Chief Investment Officer in January 2025. Bragg brings over two decades of experience in real estate finance, investment strategy, and capital markets to his new role. Prior
Financial markets
The uncertainty surrounding the future ratings of unlisted securities, including corporate bonds and securitized papers, has led credit rating companies to seek intervention from the ministries of corporate affairs and finance. These instruments, worth an estimated ₹1 lakh crore, fall outside the regulatory domain of the Securities and Exchange Board
